Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-05-01

Avery Dennison (AVY)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$9,538,375
Deon Stander total, FY2025
19th
CEO pay percentile vs peers
556:1
CEO-to-median pay ratio
95.48%
Say-on-pay support, latest vote
Companies that benchmark against AVY
10 companies name AVY as a compensation peer

Each company listed discloses AVY in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named AVY in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Deon Stander$1,136,538$0$7,649,430$0$605,475$0$146,932$9,538,375
President & Chief Executive Officer
Gregory Lovins810,86702,002,5900245,2611,724120,6183,181,060
SVP & Chief Financial Officer
Danny Allouche547,592250,0001,405,0170137,4670160,9052,500,981
SVP & Chief Strategy and Corporate Development Officer
Deena Baker-Nel562,15401,492,6730133,3800151,5132,339,720
SVP & Chief Human Resources Officer
Ryan Yost555,69201,122,9700156,4920114,5811,949,735
President, Materials Group
Ignacio Walker548,3000659,9340109,601092,1411,409,976
SVP & Chief Legal Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Deon Stander$9,538,375
Gregory Lovins3,181,060
Danny Allouche2,500,981
Deena Baker-Nel2,339,720
Ryan Yost1,949,735
Ignacio Walker1,409,976

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Deon StanderPSU2025-03-0110,52621,05242,104$3,799,247
Danny AllouchePSU2025-03-011,2822,5645,128462,725
Deena Baker-NelRSU2025-03-012,673473,353
Deena Baker-NelPSU2025-03-011,4032,8055,610506,219
Ignacio WalkerPSU2025-03-011,4831,7453,490332,201
Danny AllouchePSU2025-03-012,4634,926468,939
Ryan YostPSU2025-03-012,5322,9795,958567,162
Danny AlloucheRSU2025-03-012,673473,353
Deena Baker-NelPSU2025-03-012,2912,6955,390513,101
Ignacio WalkerPSU2025-03-019081,8163,632327,733
Deon StanderPSU2025-03-0117,19220,22640,4523,850,183
Gregory LovinsPSU2025-03-012,7565,51111,022994,566
Gregory LovinsPSU2025-03-014,5015,29510,5901,008,024
Ryan YostPSU2025-03-011,5553,1096,218555,808
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Deon Stander$0$7,649,430$0100.0%
Danny Allouche473,353931,664066.3%
Deena Baker-Nel473,3531,019,320068.3%
Ignacio Walker0659,9340100.0%
Ryan Yost01,122,9700100.0%
Gregory Lovins02,002,5900100.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Ryan YostRSU456$82,937
Deon StanderRSU9,7011,764,418
Danny AllouchePSU12,6412,299,145
Gregory LovinsRSU4,119749,164
Ryan YostRSU16830,556
Deon StanderRSU2,827514,175
Danny AlloucheRSU750136,410
Deena Baker-NelRSU1,507274,093
Deena Baker-NelRSU5,407983,425
Ryan YostPSU5,274959,235
Ryan YostRSU25045,470
Deon StanderRSU3,100563,828
Deon StanderOption62,955190.54
Danny AlloucheRSU2,673486,165
Ryan YostRSU3,234588,200
Deena Baker-NelRSU2,673486,165
Deon StanderPSU1,836333,932
Deon StanderRSU31,5205,732,857
Deon StanderRSU40,5787,380,327
Gregory LovinsPSU1,446262,999
Gregory LovinsRSU2,584469,978
Gregory LovinsRSU10,6231,932,111
Gregory LovinsPSU32,1355,844,714
Danny AlloucheRSU3,839698,237
Ryan YostRSU3,961720,427
Ryan YostRSU1,390252,813
Ryan YostRSU5,9771,087,097
Deena Baker-NelPSU43478,936
Deena Baker-NelRSU811147,505
Ignacio WalkerRSU829150,778
Ignacio WalkerRSU757137,683
Danny AlloucheRSU1,129205,343
Ignacio WalkerRSU1,295235,535
Deon StanderRSU14,4972,636,714
Danny AlloucheRSU791143,867
Danny AlloucheRSU722131,317
Danny AlloucheRSU4,941898,669
Ryan YostRSU1,318239,718
Ryan YostPSU22,6744,123,947
Deena Baker-NelRSU740134,591
Deena Baker-NelRSU1,009183,517
Deena Baker-NelRSU4,200763,896
Deena Baker-NelPSU14,1082,565,963
Ignacio WalkerRSU2,719494,532
Ignacio WalkerRSU3,501636,762
Gregory LovinsRSU2,356428,509
Gregory LovinsRSU2,756501,261
Gregory LovinsRSU8,2511,500,692
Danny AllouchePSU46985,302
Ignacio WalkerPSU44681,118
Gregory LovinsRSU8,2301,496,872
Ignacio WalkerRSU867157,690
Ryan YostRSU3,880705,694
05

Incentive-plan design — the Compensation Discussion & Analysis

Our executive compensation program reflects the Committee s philosophy that the substantial majority of compensation should be tied to our success in creating stockholder value, providing higher realized compensation when we deliver superior performance.

CEO STI target (% of salary)135%
CEO LTI target (% of salary)
Independent consultantWillis Towers Watson (WTW) and Semler Brossy
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-04-3064,573,6203,056,68589,33695.48%Passed
20252025-04-2463,308,2593,317,363454,22495.02%Passed
20242024-04-2565,306,3914,409,914158,33293.67%Passed
20232023-04-2764,324,8394,972,134362,41492.82%Passed
20222022-04-2864,926,2633,691,931166,53294.62%Passed
20212021-04-2269,124,3333,069,775188,41395.75%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-04-3095.48%a
20252025-04-2495.02%b
20242024-04-2593.67%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)556 : 1
CEO total compensation$9,538,375
Median employee compensation$17,158
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Mitchell R. ButierNot independent · Finance (Chair) · Cybersecurity$222,500$293,462$0$0$10,000$525,962
Patrick T. SiewertIndependent · Lead Independent Director · Audit · Finance · Governance160,000180,938005,000345,938
Bradley A. AlfordIndependent · Compensation (Chair) · Governance151,667180,9380010,000342,605
Ward H. DicksonIndependent · Audit (Chair) · Finance · Cybersecurity157,500180,93800338,438
William R. WagnerIndependent · Governance (Chair) · Cybersecurity (Chair)155,000180,93800335,938
Maria Fernanda MejiaIndependent · Audit122,500180,9380010,000313,438
Francesca ReverberiIndependent · Compensation122,500180,93800303,438
Andres A. LopezIndependent · Audit · Compensation115,000180,93800295,938
David E. FlitmanIndependent · Compensation · Newly elected95,833136,0050010,000241,838
Deon M. StanderEmployee director · Board Chair · Finance000000
09

Board fee structure and ownership guideline

Annual cash retainer
Annual equity retainer
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)10,000 / 5,000 / 5,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,302,500
Equity awards (grant-date value)$1,696,033
All other compensation$45,000
Total cost of the board$3,043,533

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Avery Dennison names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Avery Dennison.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Eastman Chemical Company2025Mark Costa$1,406,958$12,682,200$3,278,151$987,000$19,498,966
2Crown Holdings, Inc.2025Timothy Donahue1,450,0008,627,4754,205,00017,501,363
3Ecolab Inc.2025Christophe Beck1,390,0817,228,1014,566,9163,383,18317,404,935
4Packaging Corporation of America2025Mark Kowlzan1,539,39611,484,12303,100,70016,992,255
5Dupont de Nemours, Inc.2025Lori Koch1,242,31312,547,71101,897,50016,134,250
6International Flavors & Fragrances, Inc.2025J. Erik Fyrwald1,026,25011,656,76402,047,23015,002,866
7The Sherwin-Williams Company2025Heidi Petz1,373,0776,456,2074,253,8592,390,00014,914,317
8PPG Industries, Inc.2025Timothy Knavish1,300,0007,333,5423,666,6901,924,00014,885,022
9International Paper Company2025Andrew Silvernail1,000,00012,174,81801,318,50014,838,324
10Huntsman Corporation2025Peter R. Huntsman1,334,12510,513,39301,329,56114,666,623
11Sealed Air Corporation2024Patrick Kivits550,0008,644,0120012,820,613
12Silgan Holdings Inc.2025Adam Greenlee1,155,6609,487,80001,444,57512,229,234
13RPM International Inc.2025Frank Sullivan1,100,0005,494,5212,653,4181,513,00011,158,125
14AptarGroup, Inc.2025Stephan Tanda1,175,0006,096,6701,681,509518,43310,226,911
15Sonoco Products Company2025R. Howard Coker1,248,1566,872,02201,512,72810,142,078
16Celanese Corporation2025Scott Richardson5,249,9582,249,9901,342,62510,137,072
17Axalta Coating Systems Ltd.2025Chris Villavarayan1,100,0007,389,5520973,3919,551,721
18Avery Dennison2025Deon Stander1,136,5387,649,4300605,4759,538,375
19Greif, Inc.2025Ole Rosgaard1,042,3086,121,85001,964,2119,439,962
20The Chemours Company2025Denise Dignam1,058,8363,368,2252,909,6771,175,7818,595,076
21Sylvamo Corporation2025Jean-Michel Ribiéras1,166,6675,445,2750395,1007,685,872
22Avient Corporation2025Ashish Khandpur1,128,2693,763,1590753,7775,818,257
Ardagh Metal Packaging S.A.not in coverage universe
O-I Glass, Inc.not in coverage universe
H.B. Fuller Companynot in coverage universe
Graphic Packaging International LLCnot in coverage universe
Ball Corporationnot in coverage universe
Amcor PLCnot in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Avery Dennison39%PSU 100Yes — Relative TSRWillis Towers Watson (WTW) and Semler Brossy
Amcor PLCnot disclosednot disclosednot disclosednot disclosed
AptarGroup, Inc.67.9%PSU 50 · RSU 25 · Options 25NoPay Governance
Ardagh Metal Packaging S.A.not disclosednot disclosednot disclosednot disclosed
Avient Corporation51.6%Cash LTI 60 · RSU 40Yes — Total Shareholder Return Relative to Peer Group (rTSR)Pearl Meyer
Axalta Coating Systems Ltd.71.7%PSU 60 · RSU 40Yes — Relative TSRPearl Meyer
Ball Corporationnot disclosednot disclosednot disclosednot disclosed
Celanese Corporation93.4%PSU 70 · Options 30NoWillis Towers Watson PLC
Crown Holdings, Inc.200%PSU 67 · RSU 33NoNot determinable from source text
Dupont de Nemours, Inc.101.2%PSU 60 · RSU 40Yes — Relative TSRFrederic W. Cook & Co., Inc. (FW Cook)
Eastman Chemical Company47%PSA 60 · Option 20 · RSU 20Yes — Relative total shareholder return (rTSR)Aon plc
Ecolab Inc.137%PSU 60 · Options 40Yes — relative TSRFW Cook
Graphic Packaging International LLCnot disclosednot disclosednot disclosednot disclosed
Greif, Inc.not disclosedPSU 70 · RSU 30not disclosedWillis Towers Watson
H.B. Fuller Companynot disclosednot disclosednot disclosednot disclosed
Huntsman Corporation70.6%PSU 60 · RSU 40Yes — Relative TSRMeridian Compensation Partners
International Flavors & Fragrances, Inc.98.9%PSU 60 · RSU 40Yes — Relative TSR vs. S&P 500 - ChemicalsFW Cook
International Paper Company87.9%PSU 100Yes — Relative TSRFrederic W. Cook
O-I Glass, Inc.not disclosednot disclosednot disclosednot disclosed
Packaging Corporation of America101%PSU 66 · RSU 33Yes — TSRFW Cook
PPG Industries, Inc.93%MSU 34 · Options 33 · PSU 33NoFW Cook
RPM International Inc.110%not disclosedNoWillis Towers Watson
Sealed Air Corporation122.1%PSU 50 · RSU 50NoPearl Meyer
Silgan Holdings Inc.125%RSU 100not disclosednot disclosed
Sonoco Products Company97.0%PSU 60 · RSU 40NoFW Cook
Sylvamo Corporation26.9%PSU 60 · RSU 40Yes — Relative Total Shareholder Return (rTSR)Frederic W. Cook & Co., Inc.
The Chemours Companynot disclosedOptions 50 · PSU 25 · RSU 25Yes — Relative Total Shareholder Return (rTSR)Farient Advisors
The Sherwin-Williams Company110.86%PSU 60 · Options 40NoMercer (US) LLC

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Deon StanderDEF 14A2026-03-120001193125-26-102965Section “2025 SUMMARY COMPENSATION TABLE” · page 74. As printed: 9,538,375. Filing ↗machine: span 1488950–1488959
2Section 01, Gregory LovinsDEF 14A2026-03-120001193125-26-102965Section “2025 SUMMARY COMPENSATION TABLE” · page 74. As printed: 3,181,060. Filing ↗machine: span 1507637–1507646
3Section 01, Danny AlloucheDEF 14A2026-03-120001193125-26-102965Section “2025 SUMMARY COMPENSATION TABLE” · page 74. As printed: 2,500,981. Filing ↗machine: span 1526294–1526303
4Section 01, Deena Baker-NelDEF 14A2026-03-120001193125-26-102965Section “2025 SUMMARY COMPENSATION TABLE” · page 74. As printed: 2,339,720. Filing ↗machine: span 1556705–1556714
5Section 01, Ryan YostDEF 14A2026-03-120001193125-26-102965Section “2025 SUMMARY COMPENSATION TABLE” · page 74. As printed: 1,949,735. Filing ↗machine: span 1543477–1543486
6Section 01, Ignacio WalkerDEF 14A2026-03-120001193125-26-102965Section “2025 SUMMARY COMPENSATION TABLE” · page 74. As printed: 1,409,976. Filing ↗machine: span 1575457–1575466
7Section 03, Deon Stander PSUDEF 14A2026-03-120001193125-26-102965Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t313 · r6 · c15 · span 1343294–1343303
8Section 03, Danny Allouche PSUDEF 14A2026-03-120001193125-26-102965Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t313 · r10 · c15 · span 1348544–1348551
9Section 03, Deena Baker-Nel RSUDEF 14A2026-03-120001193125-26-102965Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t366 · r62 · c27 · span 1952192–1952197
10Section 03, Deena Baker-Nel PSUDEF 14A2026-03-120001193125-26-102965Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t313 · r14 · c15 · span 1353824–1353831
11Section 03, Ignacio Walker PSUDEF 14A2026-03-120001193125-26-102965Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t359 · r20 · c29 · span 1689587–1689592
12Section 03, Danny Allouche PSUDEF 14A2026-03-120001193125-26-102965Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t359 · r9 · c29 · span 1656112–1656117
13Section 03, Ryan Yost PSUDEF 14A2026-03-120001193125-26-102965Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t359 · r13 · c29 · span 1668106–1668111
14Section 03, Danny Allouche RSUDEF 14A2026-03-120001193125-26-102965Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t366 · r36 · c27 · span 1846940–1846945
15Section 03, Deena Baker-Nel PSUDEF 14A2026-03-120001193125-26-102965Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t359 · r16 · c29 · span 1677588–1677593
16Section 03, Ignacio Walker PSUDEF 14A2026-03-120001193125-26-102965Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t313 · r16 · c15 · span 1356980–1356987
17Section 03, Deon Stander PSUDEF 14A2026-03-120001193125-26-102965Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t359 · r3 · c29 · span 1637296–1637302
18Section 03, Gregory Lovins PSUDEF 14A2026-03-120001193125-26-102965Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t313 · r8 · c15 · span 1345890–1345897
19Section 03, Gregory Lovins PSUDEF 14A2026-03-120001193125-26-102965Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t359 · r6 · c29 · span 1646696–1646701
20Section 03, Ryan Yost PSUDEF 14A2026-03-120001193125-26-102965Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t313 · r12 · c15 · span 1351133–1351140
21Section 07, pay ratioDEF 14A2026-03-12000119312526102965Section “CEO Pay Ratio”. As printed: 556 : 1. Filing ↗machine: span 2301083–2301091
22Section 08, Mitchell R. ButierDEF 14A2026-03-120001193125-26-102965Section “Director Compensation”. As printed: 525,962. Filing ↗machine: t206 · r5 · c19 · span 948485–948492
23Section 08, Patrick T. SiewertDEF 14A2026-03-120001193125-26-102965Section “Director Compensation”. As printed: 345,938. Filing ↗machine: t206 · r17 · c19 · span 959589–959596
24Section 08, Bradley A. AlfordDEF 14A2026-03-120001193125-26-102965Section “Director Compensation”. As printed: 342,605. Filing ↗machine: t206 · r3 · c19 · span 946657–946664
25Section 08, Ward H. DicksonDEF 14A2026-03-120001193125-26-102965Section “Director Compensation”. As printed: 338,438. Filing ↗machine: t206 · r7 · c19 · span 950355–950362
26Section 08, William R. WagnerDEF 14A2026-03-120001193125-26-102965Section “Director Compensation”. As printed: 335,938. Filing ↗machine: t206 · r19 · c19 · span 962165–962172
27Section 08, Maria Fernanda MejiaDEF 14A2026-03-120001193125-26-102965Section “Director Compensation”. As printed: 313,438. Filing ↗machine: t206 · r13 · c19 · span 955887–955894
28Section 08, Francesca ReverberiDEF 14A2026-03-120001193125-26-102965Section “Director Compensation”. As printed: 303,438. Filing ↗machine: t206 · r15 · c19 · span 957761–957768
29Section 08, Andres A. LopezDEF 14A2026-03-120001193125-26-102965Section “Director Compensation”. As printed: 295,938. Filing ↗machine: t206 · r11 · c19 · span 954057–954064
30Section 08, David E. FlitmanDEF 14A2026-03-120001193125-26-102965Section “Director Compensation”. As printed: 241,838. Filing ↗machine: t206 · r9 · c19 · span 952187–952194
31Section 08, Deon M. StanderDEF 14A2026-03-120001193125-26-102965Section “Director Compensation”. As printed: 0. Filing ↗
32Section 06, 2026 voteForm 8-K2026-05-010000008818-26-000078Item 5.07 · say-on-pay result. As reported: 95.48% (votes for as printed: 64,573,620). Filing ↗
33Section 06, 2025 voteForm 8-K2025-04-280000008818-25-000010Item 5.07 · say-on-pay result. As reported: 95.02% (votes for as printed: 63,308,259). Filing ↗
34Section 06, 2024 voteForm 8-K2024-04-260000008818-24-000007Item 5.07 · say-on-pay result. As reported: 93.67% (votes for as printed: 65,306,391). Filing ↗
35Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
36Section 09b board cost (computed)ComputedcomputedCash 1,302,500 + equity 1,696,033 + all other 45,000 = 3,043,533, summed across the director compensation table rows.machine: formula: Σ = 3,043,533
37Eastman Chemical Company, Section 10b CEO totalDEF 14A2026-03-240000915389-26-000074CEO total compensation as printed in Eastman Chemical Company's own proxy. As printed: 19,498,966. Filing ↗machine: r2 · c27 · span 1263333–1263343
38Crown Holdings, Inc., Section 10b CEO totalDEF 14A2026-03-230002039852-26-000055CEO total compensation as printed in Crown Holdings, Inc.'s own proxy. As printed: 17,501,363. Filing ↗
39Ecolab Inc., Section 10b CEO totalDEF 14A2026-03-200001104659-26-032777CEO total compensation as printed in Ecolab Inc.'s own proxy. As printed: 17,404,935. Filing ↗machine: t199 · r1 · c63 · span 2259065–2259075
40Packaging Corporation of America, Section 10b CEO totalDEF 14A2026-03-270001193125-26-127602CEO total compensation as printed in Packaging Corporation of America's own proxy. As printed: 16,992,255. Filing ↗machine: span 363586–363596
41Dupont de Nemours, Inc., Section 10b CEO totalDEF 14A2026-04-100001193125-26-151204CEO total compensation as printed in Dupont de Nemours, Inc.'s own proxy. As printed: 16,134,250. Filing ↗machine: r4 · c44 · span 1255492–1255502
42International Flavors & Fragrances, Inc., Section 10b CEO totalDEF 14A2026-03-180001140361-26-009960CEO total compensation as printed in International Flavors & Fragrances, Inc.'s own proxy. As printed: 15,002,866. Filing ↗machine: t297 · r2 · c25 · span 1428753–1428763
43The Sherwin-Williams Company, Section 10b CEO totalDEF 14A2026-03-110000089800-26-000025CEO total compensation as printed in The Sherwin-Williams Company's own proxy. As printed: 14,914,317. Filing ↗machine: r2 · c8 · span 1976552–1976562
44PPG Industries, Inc., Section 10b CEO totalDEF 14A2026-03-050000079879-26-000088CEO total compensation as printed in PPG Industries, Inc.'s own proxy. As printed: 14,885,022. Filing ↗machine: span 1300546–1300556
45International Paper Company, Section 10b CEO totalDEF 14A2026-03-270001628280-26-021729CEO total compensation as printed in International Paper Company's own proxy. As printed: 14,838,324. Filing ↗machine: r2 · c9 · span 2931849–2931859
46Huntsman Corporation, Section 10b CEO totalDEF 14A2026-03-160001104659-26-028448CEO total compensation as printed in Huntsman Corporation's own proxy. As printed: 14,666,623. Filing ↗machine: span 1280707–1280717
47Sealed Air Corporation, Section 10b CEO totalDEF 14A2025-04-170001140361-25-014374CEO total compensation as printed in Sealed Air Corporation's own proxy. As printed: 12,820,613. Filing ↗machine: t225 · r2 · c22 · span 800254–800264
48Silgan Holdings Inc., Section 10b CEO totalDEF 14A2026-04-160001193125-26-158049CEO total compensation as printed in Silgan Holdings Inc.'s own proxy. As printed: 12,229,234. Filing ↗machine: t67 · r4 · c26 · span 307628–307638
49RPM International Inc., Section 10b CEO totalDEF 14A2025-08-210001193125-25-185345CEO total compensation as printed in RPM International Inc.'s own proxy. As printed: 11,158,125. Filing ↗machine: r4 · c35 · span 833989–833999
50AptarGroup, Inc., Section 10b CEO totalDEF 14A2026-03-270001104659-26-035722CEO total compensation as printed in AptarGroup, Inc.'s own proxy. As printed: 10,226,911. Filing ↗machine: t187 · r9 · c18 · span 1230224–1230234
51Sonoco Products Company, Section 10b CEO totalDEF 14A2026-03-130001104659-26-027659CEO total compensation as printed in Sonoco Products Company's own proxy. As printed: 10,142,078. Filing ↗machine: t76 · r2 · c48 · span 1281982–1281992
52Celanese Corporation, Section 10b CEO totalDEF 14A2026-03-040001306830-26-000052CEO total compensation as printed in Celanese Corporation's own proxy. As printed: 10,137,072. Filing ↗
53Axalta Coating Systems Ltd., Section 10b CEO totalDEF 14A2026-04-210001193125-26-166838CEO total compensation as printed in Axalta Coating Systems Ltd.'s own proxy. As printed: 9,551,721. Filing ↗machine: r2 · c31 · span 850079–850088
54Avery Dennison (subject), Section 10b CEO totalDEF 14A2026-03-120001193125-26-102965CEO total compensation as printed in Avery Dennison's own proxy. As printed: 9,538,375. Filing ↗machine: span 1488950–1488959
55Greif, Inc., Section 10b CEO totalDEF 14A2026-01-090001628280-26-001556CEO total compensation as printed in Greif, Inc.'s own proxy. As printed: 9,439,962. Filing ↗machine: r2 · c27 · span 635921–635930
56The Chemours Company, Section 10b CEO totalDEF 14A2026-03-100001104659-26-025935CEO total compensation as printed in The Chemours Company's own proxy. As printed: 8,595,076. Filing ↗machine: r1 · c55 · span 1531474–1531483
57Sylvamo Corporation, Section 10b CEO totalDEF 14A2026-04-020001193125-26-138839CEO total compensation as printed in Sylvamo Corporation's own proxy. As printed: 7,685,872. Filing ↗machine: t164 · r4 · c39 · span 693457–693466
58Avient Corporation, Section 10b CEO totalDEF 14A2026-03-270001628280-26-021576CEO total compensation as printed in Avient Corporation's own proxy. As printed: 5,818,257. Filing ↗machine: t45 · r2 · c8 · span 748439–748448
59Section 10a, Sonoco Products Company reciprocityDEF 14A0001104659-26-027659Sonoco Products Company names Avery Dennison in its own disclosed peer group (read from its most recent proxy). Filing ↗
60Section 10a, International Paper Company reciprocityDEF 14A0001628280-26-021729International Paper Company's most recent proxy was read; its disclosed peer group does not include Avery Dennison. Filing ↗
61Section 10a, RPM International Inc. reciprocityDEF 14A0001193125-25-185345RPM International Inc.'s most recent proxy was read; its disclosed peer group does not include Avery Dennison. Filing ↗
62Section 10a, The Sherwin-Williams Company reciprocityDEF 14A0000089800-26-000025The Sherwin-Williams Company's most recent proxy was read; its disclosed peer group does not include Avery Dennison. Filing ↗
63Section 10a, Axalta Coating Systems Ltd. reciprocityDEF 14A0001193125-26-166838Axalta Coating Systems Ltd.'s most recent proxy was read; its disclosed peer group does not include Avery Dennison. Filing ↗
64Section 10a, Dupont de Nemours, Inc. reciprocityDEF 14A0001193125-26-151204Dupont de Nemours, Inc.'s most recent proxy was read; its disclosed peer group does not include Avery Dennison. Filing ↗
65Section 10a, International Flavors & Fragrances, Inc. reciprocityDEF 14A0001140361-26-009960International Flavors & Fragrances, Inc.'s most recent proxy was read; its disclosed peer group does not include Avery Dennison. Filing ↗
66Section 10a, Packaging Corporation of America reciprocityDEF 14A0001193125-26-127602Packaging Corporation of America names Avery Dennison in its own disclosed peer group (read from its most recent proxy). Filing ↗
67Section 10a, Silgan Holdings Inc. reciprocityDEF 14A0001193125-26-158049Silgan Holdings Inc. names Avery Dennison in its own disclosed peer group (read from its most recent proxy). Filing ↗
68Section 10a, Avient Corporation reciprocityDEF 14A0001628280-26-021576Avient Corporation names Avery Dennison in its own disclosed peer group (read from its most recent proxy). Filing ↗
69Section 10a, The Chemours Company reciprocityDEF 14A0001104659-26-025935The Chemours Company's most recent proxy was read; its disclosed peer group does not include Avery Dennison. Filing ↗
70Section 10a, Huntsman Corporation reciprocityDEF 14A0001104659-26-028448Huntsman Corporation names Avery Dennison in its own disclosed peer group (read from its most recent proxy). Filing ↗
71Section 10a, Celanese Corporation reciprocityDEF 14A0001306830-26-000052Celanese Corporation's most recent proxy was read; its disclosed peer group does not include Avery Dennison. Filing ↗
72Section 10a, Eastman Chemical Company reciprocityDEF 14A0000915389-26-000074Eastman Chemical Company's most recent proxy was read; its disclosed peer group does not include Avery Dennison. Filing ↗
73Section 10a, Sylvamo Corporation reciprocityDEF 14A0001193125-26-138839Sylvamo Corporation's most recent proxy was read; its disclosed peer group does not include Avery Dennison. Filing ↗
74Section 10a, Ecolab Inc. reciprocityDEF 14A0001104659-26-032777Ecolab Inc.'s most recent proxy was read; its disclosed peer group does not include Avery Dennison. Filing ↗
75Section 10a, AptarGroup, Inc. reciprocityDEF 14A0001104659-26-035722AptarGroup, Inc.'s most recent proxy was read; its disclosed peer group does not include Avery Dennison. Filing ↗
76Section 10a, Sealed Air Corporation reciprocityDEF 14A0001140361-25-014374Sealed Air Corporation names Avery Dennison in its own disclosed peer group (read from its most recent proxy). Filing ↗
77Section 10a, PPG Industries, Inc. reciprocityDEF 14A0000079879-26-000088PPG Industries, Inc.'s most recent proxy was read; its disclosed peer group does not include Avery Dennison. Filing ↗